Trading Strategy For 23rd Oct’2015.Gap at 8358 ,Stop of 8384…Go short in NF

Keep in mind when position sizing that there’s a high probability volitility will spike dramatically from here on.

Last Close : 8262.30

Now SGX Nifty  8337 ( +91 points )

From Last 3 Trading sessions :Our Mantra was :Sell NF ,Stop of 8310-8320 & Relax

Yes ,In 3 sessions it kissed  8282-8288-8298 & tumbled.Our Crucial Support was at 8228 level ,We wanted that it should break with volumes and stays below for 15-20 minutes but not happened on Wed too !

Already SGX Nifty up 91 points ,So …………..?

Today keep a eye on 8342 level…..Decisive Crossover and stays above for 15 minutes will take to 8367—8384 level !

Gap still to be filled at 8358

Yes ,Around 8360–8375 range………….Go short FRESH ,with stop of 8442 on closing basis.

Trade with eyes open :Just see from 30th Sept NF has not broken 7DEMA